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mk  ·  2994 days ago  ·  link  ·    ·  parent  ·  post: Coupon deferral fears flare up as Deutsche faces fine

Here's another recurring theme: If something is risky as fuck, you ought to be able to make big bets against it.

I'm just starting to investigate these CoCo-conversion swaps. I'm not sure if they even created them. If so, maybe they were the root of the February DB hullabaloo.